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Director, Inventory Excellence

Bristol Myers Squibb
New Brunswick, United Statesfull_timeVerifiedPosted 6 Nov 2024

About the role

Working with Us
Challenging. Meaningful. Life-changing. Those aren’t words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You’ll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams rich in diversity. Take your career farther than you thought possible.

Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: careers.bms.com/working-with-us.

Role overview

Job Title: Director, Global Process Owner, Inventory Excellence

Job Grade: EG-150

Department: Process & Digital Excellence, Global Supply Chain

Direct report: 5

Reports to: Executive Director, Supply Planning Excellence, Global Supply Chain, Process and Digital Excellence

Job Purpose

The Director, Global Process Owner, Inventory Excellence leads companywide efforts to optimize inventory, develops inventory targets across the network to ensure supply to patients and supporting supply chains and is accountable for the coordination of annual Budget process (volumes and dollars)

Key responsibilities

  • Defines and articulates the role of the inventory excellence team within GSC, GPS, and BMS.
  • Works with key stakeholders to understand business needs and to align on what the inventory excellence team will contribute towards the realization of these business goals. 
  • Sets near- and long-term strategy and goals for the inventory excellence team and identifies capabilities and resources required to meet these commitments.
  • Manages and develops the members of the inventory management team. Establishes expectations for the team and its members. Solicits developmental feedback from key stakeholders and provides coaching to individual team members.
  • Applies a combination of business knowledge and supply chain techniques to develop different analytics and modelling methods of establishing inventory targets and optimizing inventories.
  • Is accountable for the identification, definition, implementation, and sustainability of new processes and, as required, technologies required to meet business objectives and support optimization of inventories. 
  • Ensures alignment of inventory management processes and technologies with other key business objectives. 
  • Leads company wide effort to optimize inventory.  Accountable to identify key inventory drivers and opportunities for optimization.  Enlists support from other business functions to align on and drive inventory optimization.
  • Accountable for developing and maintaining inventory targets across the supply network (internal nodes and CMOs); to meet brand specific risk mitigation and service level goals; and to meet companywide inventory objectives. 
  • Aligns with management on assumptions and frames discussion on the different options and risks.
  • Partnering with business leaders, understands key business objectives for priority and key established brand. 
  • Accountable for the execution of inventory management processes including inventory budget and projections, inventory reporting, business continuity inventory assessment, and finished goods safety stocks. 
  • Works with key stakeholders to ensure deliverables continue to be relevant and aligned with business needs. 
  • Establishes expectations with business leaders of key processes, supporting the execution of inventory management functions. This includes Information Technology, Business Information and Analytics, Global Data Management, Global Supply Planning, Customer Partnership & Supply Orchestration, Global Delivery Solutions, Commercial, and Finance.  Escalates any issues impacting execution.
  • In conjunction with the rest of the GSC functional teams and GPS partners, ensure policies and procedures are in place which meet compliance requirements

Professional experience and qualifications

Education:

  • B.S. or BA in supply chain, management and/or engineering (biotechnology, biology, chemistry, pharmacy, engineering or related disciplines). 
  • Advanced certification in Supply Chain Management st

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Company

Bristol Myers Squibb

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